Chapter 595 50 Million Krypton Gold Value (Fourth Update!)
If it were another time, he would probably think about it.
After all, things like BYT, although the aspects involved are a bit sensitive, are one of the best-selling products.
Even from a health point of view, it is a necessity.
But now, when he failed to conceive, Fagan asked him to endorse this!
"They want you to be a global spokesperson. The endorsement fee has already been discussed at 7 million a year. I think you can try it. Try it for one year first."
Fegan then added.
There is a contract period for endorsement. Good endorsements can be followed up, and bad ones can be cancelled.
Nike, Coca-Cola, and burts.bees were all endorsed by Tang Tian for a year and then continued.
Like Dior sunglasses, Tang Tian only spoke for one year at the beginning.
Tang Tian was silent for a while.
Now he's getting pregnant, and accepting the endorsement contract with Byt, wouldn't it be embarrassing if Olsen got pregnant at this time?
Wouldn't it be even more embarrassing if she couldn't get pregnant!
So this endorsement is not appropriate no matter what the result is!
"Go ahead."
Tang Tian gave Fagen an answer.
Although it may be embarrassing, he is short of krypton gold now.
There are more than 2 million left after the turtle bombing, plus 1.9 million from Coca-Cola, 1.2 million from burts.bees, and several domestic endorsement contracts that Fagan has previously secured, and part of his salary this season, add up to 1,000 The krypton gold value is about 10,000.
This is only one-fifth of what the red skill requires. Although the sales of the sneakers are very optimistic, it is still a bit worse.
At this time, it is very important to have such a big endorsement.
Tang Tian opened his mouth, and Fei Gen turned his head to communicate with the Durex people.
Durex has long been interested in Tang Tian. You must know that China is the region with the highest sales volume of BYT in the world. This is the reason why they are willing to spend a lot of money to sign Tang Tian.
7 million a year, Tang Tian got almost 4 million in his hands.
Calculated in this way, the krypton gold value is more than 14 million.
Although there are still differences, at least you can look forward to it.
Shortly after signing the contract with Durex, people from Nike approached Tang Tian.
It's time for the godfather generation sneaker contract dividend.
In the past, the basic class and printed signature version of the Godfather generation sneakers became popular all over the world, and the sales volume in China has surpassed the most expensive AJ series.
This is the feeling of protecting the calf in the bones of Chinese fans.
Most of the football stars who are endorsed by the Chinese will pay this money, not to mention that the Nike shoes are very affordable.
However, because it is a generation of sneakers and the price is low, although the sales volume is very exaggerated, the money Tang Tian got can only be regarded as first-tier.
He got around $12 million in dividends.
This number is second only to Jordan, Durant, James and Kobe, and surpasses Curry, who has risen strongly this season, and Harden, who has just renewed his contract with Adidas.
As far as the light sneakers are divided, he is already considered to be absolutely first-class.
But this data is far from what Tang Tian expected.
He suddenly found that although he had lived two lifetimes, he still didn't know enough about sneaker endorsements.
But this is not surprising. I was a coach in my previous life, so it is unlikely that I will get involved in the endorsement of player sneakers contracts.
In this way, his krypton gold value is only 22 million, which is less than half of 50 million.
There are only two choices left for him, either to exchange for purple skills to suppress shocks, or to wait until February next year and save up to 50 million before exchanging.
But neither of these two options was in his original plan.
After parting with the Nike people, Feigen saw that Tang Tian was not in a good mood, so he asked a few questions with concern.
Looking at Fei Gen, Tang Tian suddenly remembered that this guy was a veteran, so he followed suit.
"Is there any way you can get me an endorsement fee of 40 to 50 million in a short period of time?"
"What?"
When Fei Gen heard Tang Tian's words, he didn't react immediately.
The total amount of contracts Tang Tian signed in the past was almost only this amount, but now he wants to get that much at once?
"Have it?"
Tang Tian also had the mentality of asking and seeing.
Fei Gen didn't ask Tang Tian why he wanted so much money all of a sudden, he thought for a while, then nodded.
There really are!
"The only way is to negotiate an early contract extension with Nike."
Fagan said.
"Renew the contract early?"
"Yes, renew the contract in advance, and then advance the endorsement fee."
After listening to what Feigen said, Tang Tian probably knew what he meant.
Among so many endorsers, the only one who can give him so much endorsement fee at once is Nike.
He signed a 4-year 40 million endorsement contract with Nike in the summer of 2013, and it is only now in the second year, and there are 2 years left.
Talking about contract renewal at this time, just like the NBA contract, is an early contract renewal.
It's just that unlike the NBA, it has no limit on the number of years, and there is no limit on the renewal time.
So Feigen's plan is feasible.
But how many years the contract can be renewed in advance, and how much salary can be advanced at one time, both parties have to sit down and discuss.
At this time, the people from Nike also came out, and greeted Tang Tian and Fei Gen with a smile when they saw them.
Tang Tian called to stop them.
"I want to talk to Nike about an early contract extension."
Tang Tian said straight to the point.
Hearing what Tang Tian said, Nike's people laughed instantly.
This is great news for Nike.
The success of the Godfather generation made Nike a fortune.
But they also had to worry about Tang Tian's next contract.
With such sneaker market performance, the current endorsement contract of 10 million a year is absolutely cheap or even a cabbage contract.
There are still two years left in the contract, but after the two years expire, considering Tang Tian's growing influence, the contract they need to give will be very large.
They even have to consider whether Tang Tian will continue to choose Nike.
There are not no superstars who switch endorsers, and the most typical one is Curry.
When the contract expired in 2013, the two parties parted ways because of the amount of endorsement, and Curry switched to Under.Armour.
Curry and the Warriors have risen strongly this season, and UA can predictably earn a lot of gold and silver.
Nike probably wants to hit the wall now.
So now that Tang Tian has already demonstrated his superstar strength and excellent sneaker sales, they are eager to renew his contract in advance.
After all, the price negotiated at this time can be said to be cheaper than negotiating after the contract expires in two years, and it also avoids the risk of Tang Tian switching to other manufacturers.
The two sides reached an agreement on the issue of early contract renewal, but this is certainly not something that can be settled in one negotiation.
As with the sneaker split before, this will be an ongoing process.
Feigen was talking with people from Nike, and Tang Tian continued to help the Pelicans improve their record.
The Pelicans have a great record now, but with Curry and James before him, he still has to work harder if he wants to win the MVP.
The good news is that Davis has recovered, and it is obviously easier for the Pelicans to win than before.
Thanks to Xingfeng Xiaoye for the reward!